In Friday’s Wall Street session, Diodes, Inc (NASDAQ:DIOD) shares traded at $53.47, up 0.85% from the previous session.
DIOD stock price is now -11.71% away from the 50-day moving average and -19.30% away from the 200-day moving average. The market capitalization of the company currently stands at $2.48B.
With the price target enhanced from $72 to $85, TD Cowen maintained Outperform rating for Diodes, Inc (NASDAQ: DIOD). On January 05, 2024, Truist Downgraded its previous ‘Buy’ rating to ‘Hold’ on the stock increasing its target price from $72 to quote $78, while ‘Robert W. Baird’ rates the stock as ‘Neutral’
In other news, Yang Emily, SVP Worldwide Sales/Marketing sold 950 shares of the company’s stock on Feb 04 ’25. The stock was sold for $53,238 at an average price of $56.04. Upon completion of the transaction, the SVP Worldwide Sales/Marketing now directly owns 65,107 shares in the company, valued at $3.48 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 04 ’25, President Yu Gary sold 2,900 shares of the business’s stock. A total of $162,516 was realized by selling the stock at an average price of $56.04. This leaves the insider owning 79,697 shares of the company worth $4.26 million. A total of 3.63% of the company’s stock is owned by insiders.
During the past 12 months, Diodes, Inc has had a low of $50.26 and a high of $86.74. As of last week, the company has a debt-to-equity ratio of 0.03, a current ratio of 3.26, and a quick ratio of 1.99. The fifty day moving average price for DIOD is $60.56 and a two-hundred day moving average price translates $66.25385 for the stock.
The latest earnings results from Diodes, Inc (NASDAQ: DIOD) was released for 2024-12-31. The net profit margin was 3.36% and return on equity was 2.49% for DIOD. The company reported revenue of $350.08 million for the quarter, compared to $404.65 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -13.49 percent.
